Los Angeles/San Francisco Trade Rises in First 3 Quarters of '96
International trade through the customs districts of both Los Angeles
and San
Francisco rose solidly in the first three quarters of 1996, according to
the quarterly CMC-
Tradeweek Regional Trade Report, a joint publication of the Claremont McKenna
College
and Tradeweek magazine.
Los Angeles posted a 15 percent gain in the first three quarters of 1996,
for a total
volume of $124.2 billion. San Francisco posted a 20 percent increase for
a total volume of
$79.8 billion.
Los Angeles' international trade, which continues to outpace the entire
nation, was
overwhelmingly with Pacific Rim nations. Japan led the list of countries,
with $33.8
billion of total volume trade, followed by China, Taiwan, Korea, and Singapore.
Top exports out of Los Angeles included computer circuits and parts, aircraft,
cotton, cars, and auto parts. Top imports into Los Angeles included, once
again,
computers, automobiles and parts, as well as office equipment and footwear.
The Los Angeles trade district includes the ports of Los Angeles and Long
Beach,
Los Angeles International Airport, and ports in Ventura and Las Vegas.
Volume 4, Bulletin 2 -- January 16, 1997